Some of these advancements that directly affect commerce would have to be the vessels used to trade and gain control over the area. The changes on the goods that
This gave them an advantage in survival being that they did not have to travel for food. Instead, they could give up their nomadic lifestyle and settle down in one distinct place. With all of this contemporary information, the Europeans knew how to make do in
Without the use of new technology and Henry the Navigator, the Europeans would not have been able to expand trade around the world. As the Europeans expanded trade around the world they had a surplus of supplies and were wealthy. Consequently, Europeans start to grow in population in their colonies. Henry the navigator helped the Europeans discover more land and made it easier to expand overseas. Europeans relied on the use of new technology and Henry the Navigator to expand trade around the world.
On top of the successful farming methods that were discovered, guilds were being formed. Guilds, associations of merchants, increased the economies' wealth. The Commercial Revolution then began, reintroducing the blossoming idea of trade. Fairs were held to trade food, cloths and leather along with other common goods. Trade routes became vital to the expansion of trade, such as those that stretched from Europe to areas such as Asia and Africa in 1300 CE.
With the building of canals, road and rail lines, communities were connected and farmers could sell their produce and buy textiles more
The agriculture, disease, and livestock of the Columbian Exchange established the growth and impact in Europe between 1550 through 1700. With the introduction of crops that could grow in uninhabitable areas, the consequences of disease, and animals that provide more food, the growing demand of goods from the New World resulted in the flourishing of Europe. The agriculture from the New World provided Europe with many opportunities. In Ireland, potatoes were essential resources.
During the 1600's there was massive amounts of trade between Europe, America and Africa called the Triangular trade or the Columbian exchange named after Columbus. The Triangular trade was influential for every single continent, even ones not involving Europe, America or Africa. This trade had positive and negative effects on all continents. Europe, Americas and Africa all experienced great economic and population growth. North America gained crops like coffee beans, sugarcane and livestock which caused their economy to grow.
In this case, this gave Europe access to exports that they could take advantage of and use for themselves to expand their nations,
The silver and gold of the new world were shipped to Europe treasuries and foods and goods from the new world (America) and Africa increased how long the people in Europe lived (increased life expectancy because the food
Since there’s suddenly an abundance of food, not everyone has to spend all day generating food for their survival. Many people took advantage of this free time by dedicating themselves to other pursuits such as pottery, weaving, tool-making, and carpentry. The supply of extra tools and trade increased the scale of trade between people. Merchants emerged to facilitate the exchange of goods. These people would become very wealthy and powerful.
The new crops also provided a new trade. Europeans were able to spread the new crops and in return earn profit and form a new trading and economic system. The natives seemed to have much more positive impact on the Europeans than they had on the
Khan Academy. Retrieved April 14, 2023,) They brought new farming equipment as well as new farming ideas. They brought better weapons so that the indigenous peoples could hunt and gather food. With maritime equipment such as the sternpost rudder, triangular lateen sails, the magnetic compass, and the astrolabe, Europeans were able to expand their seagoing capabilities thanks to technology acquired from China and the Muslim world.
The exchange offered great wealth to the New and Old Worlds and increased their quantities of resources. Also the spread of crop growing increased the demand for labor. This situation ensured the
The Viking Age saw real changes in the economy of Scandinavia. Toward the start of the Viking Age, few individuals in Scandinavia had any learning of coinage. Some remote coins entered the locale as an aftereffect of exchanging contacts both with western Europe and the Islamic world toward the east. On the other hand, aside from in significant exchanging focuses, for example, Hedeby and Ribe, in Denmark, the thought of coinage thusly was new. Coins were esteemed just for their weight in silver or gold, and circled nearby numerous different types of valuable metal.
The now rich soil brought about by the agricultural revolution let the crops give the nutrients which helped peasants withstand childbirth and live longer, leading to an increase in population. Since the Europeans were able to feed their families from the excess food, it allowed them to find time to learn new trades and develop new skills. The businesses increased from the expansion of the population of those living in cities and towns. They were given land from the king through an agreement called a charter.
